CarParts.com
PRTS
108 hedge funds and large institutions have $360M invested in CarParts.com in 2020 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 15 closing their positions.
187% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 15
150% more capital invested
Capital invested by funds: $144M → $360M (+$216M)
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
35% more funds holding
Funds holding: 80 → 108 (+28)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2.91% more ownership
Funds ownership: 4.27% → 7.18% (+2.9%)
45% less call options, than puts
Call options by funds: $1.24M | Put options by funds: $2.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$27.9M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$24.6M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.9M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
+$12.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$6.79M |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$2.88M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$2.13M |
| 4 |
Millennium Management
New York
|
-$2.05M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.78M |
PRTS Hedge Fund Activity: Q3 2020 in Review
108 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in CarParts.com (PRTS) for Q3 2020, worth a combined $360M — up 150% from $144M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PRTS positions and 15 closed out — a net gain of 28 holders — while 36 added to existing stakes and 24 trimmed.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $27.9M. The largest seller was Cannell Capital, cutting an estimated $6.79M.
- 108 institutional investors held CarParts.com (PRTS) as of Q3 2020, up from 80 in Q2 2020.
- Funds reported $360M of CarParts.com stock for Q3 2020, up 150% quarter-over-quarter.
- 43 funds opened new CarParts.com positions in Q3 2020 and 15 closed out, a net change of +28 holders.
- The largest CarParts.com buyer in Q3 2020 was Park West Asset Management, an estimated $27.9M added.
- The largest CarParts.com seller in Q3 2020 was Cannell Capital, an estimated $6.79M sold.
Based on aggregated 13F filings for Q3 2020.